Intangible Assets

6 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

Note 4 - Intangible Assets

Intangible assets consist of following:

		June 30,		December 31,
	Life	2013		2012
Trademarks National and International	5	$	332,708	$	332,708
Employment agreements	3		225,084		225,084
Knowhow and specialty skills	3		212,254		212,254
Workforce	3		54,000		54,000
Patents	20		102,942		102,942
Finance cost	2		76,693		55,236
			1,003,681		982,224
Less accumulated amortization			(824,638)		(789,217)
Intangible assets, net		$	179,043	$	193,007

Amortization on the above assets was $17,711 and $35,422 for the three and six months ending June 30, 2013, respectively; and $17,398 and $34,171 for the three and six months ending June 30, 2012, respectively. The weighted average amortization period for the intangible assets is 18 years.

The estimated future amortization of intangible assets for each of the following years as of June 30, 2013, is as follows:

2013		35,423
2014		70,844
2015		3,750
Future years		69,026
Total	$	179,043